Correct, the dipstick is not pushed out.
Ignition is all stock components, carb is a 750 Holley and it does run pretty rich when cold. The plugs have not been fouled in the past, though I've not looked at them in a little while.
I checked drain back when I first had it apart for intake gasket. The returns seem to be good, but it was flooding the valve covers when I first got the car. Restricting it obviously helped, but I I don't recall what jet size I used to restrict--bigger than 70 if I recall. It also has the tins for drainback.
Yeah, its a C6 car, so I will have a look at the modulator--that is one of the potential issues I never tracked down.
If I remember correctly, the intake did show signs of leakage. My corrective actions when I first got the car remedied a lot of the problem, but it seems to have slowly crept back. The smoking is not horrendous, but I don't want to see any smoke. My mind keeps returning to the intake leaking (again), though I know I need solid facts, not speculation, so the compression and leak down tests are my next steps (but I'll check the modulator).
The curse of a small, cold garage is soon to be remedied. It's frustrating losing an entire Winter of downtime due to not having a decent working garage, something I've always had up until the last 2 years. Cold and snow season is for working on the car, sunny and dry is for driving it--not so this year--damn it
Once I get around to getting numbers, I'll post it up--thank you for all the expert advice!